Ritchie Company Ritchie Company uses a standard cost system for its production process.Ritchie Company applies overhead based on direct labor hours.The following information is available for July:
Refer to Ritchie Company Using the four-variance approach,what is the variable overhead efficiency variance?
A)$9,570 F
B)$9,570 U
C)$2,200 F
D)$2,200 U

Question

Ritchie Company Ritchie Company uses a standard cost system for its production process.Ritchie Company applies overhead based on direct labor hours.The following information is available for July:
 Refer to Ritchie Company Using the four-variance approach,what is the variable overhead efficiency variance?
A)$9,570 F 
B)$9,570 U 
C)$2,200 F 
D)$2,200 U

Quizplus · Accepted Answer

The Answer of Ritchie Company Ritchie Company uses a standard cost system for its production process.Ritchie Company applies overhead based on direct labor hours.The following information is available for July:
 Refer to Ritchie Company Using the four-variance approach,what is the variable overhead efficiency variance?
A)$9,570 F 
B)$9,570 U 
C)$2,200 F 
D)$2,200 U

Ritchie Company Ritchie Company Uses a Standard Cost System for Its